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MRP rate cleaance - ER 1 Ret

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..... Dear All, We are paint manufactureres and clearing goods under MRP rate and paying excise duty after abetement. What is the maximum litres in a single pack we can clear under MRP? we are doing now up to 20 ltrs in a single pack under MRP and paying excise duty under abetement. Some mfg units asking paints for more than 25 ltrs in a single pack under their Purchase Order. Can we clear and pay ex .....

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..... cise duty based on their PO rate without any abetement since customer are manufacturer. In ER1 return whether we have to show separately without MRP clearance and MRP clearances. Kindly give your valuable suggessions Thanks Venkat - Reply By Naveed S - The Reply = Sir, The maximum single pack that you can clear under MRP is 25 litres. yes, you can clear paints to manufacturers for more tha .....

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..... n 25 ltrs in a single pack under their Purchase Order, and clear and pay excise duty based on their PO rate without any abetement. yes, in ER-1 returns you have to show the MRP clearances and non-MRP clearances separately and also in RG-1 REGISTER. - Reply By venkat eswaran - The Reply = Thank u very much Naveed sir Venkat - Reply By Naveed S - The Reply = Yeah, thanks for d compliments. - .....

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..... MRP rate cleaance - ER 1 Ret - Query Started By: - venkat eswaran Dated:- 30-1-2015 Central Excise - Got 3 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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